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20121129
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. those homes typically price between 750,000 and a million dollars. usa today reports in some cities, the high-end digs are selling quicker, spending an average of 116 days on the market in cities like palm springs. it's said that many high-end owners are finally beginning to accept lower prices on high-end homes. the rental market is expected to remain competitive in 2013, keeping it a landlord's market. apartment rents on average will likely tick up 4.6% next year, while vacancy levels drop to 3.9% according to the national association of realtors. anything below 5% is a landlord's market. the cities with the lowest vacancy are portland, new york, and minneapolis. your fingerprint may soon make a bigger impression than your signature when paying with a credit card. discover financial services is testing "paying by fingerprint" among its own employees. staffers who want to participate sign up for the service and can then use touch pads to pay for items in the company cafeteria or convenience store. discover is hoping to develop both a safer and more convenient way to complete a purc
up about 20 to 25% in major cities. i think folks with low interest rates, once they start to see those stick up with some of the presidential policies in place, we could see a drive for home ownership. > > that's true, because we have seen rates dive below 3% as far as the yield on the 30-year, so that is a falsity right there. but i just want to point out that home prices jumped 5% in september. they were up in 81 cities. largest year-over-year increase since 2006. so the housing market is coming back. now i will say this as a negative for the consumer, though: the consumer is usually wrong. they usually sell when they should be buying and buy when they should be selling. that is just human nature. and this is actually a bullish sign for me, the fact that people haven't jumped back in the housing market. > > i agree there. > > bonus round time: ticker time. name the famous company that trades under the ticker symbol: hog. > > that is harley-davidson. [cheers > > good to have you on the show. thanks for being on. still ahead, it's estimated 250,000 investors are looking to give m
or save. city group is going to law off people. and other foreign banks and businesses have been cutting off jobs. but, hewlett packard and or companies have ramped up greek operations. >>> this week the members are going meet to look at what credit an interest rate swaps must be gain feed. some think the market may move from london to chicago. they have to come up with rules to curb risks in the global market. >>> apple is catching up with demand on its latest iphone. nearly two months after the release, shipping times have started to drop. the wait for the phone is now two weeks and before it was closer to a month. since the release apple has reportedly been struggling to meet demands. >>> the kindle has been the number one e reader. we now have the five best selling backs in kin it wills five years. the top book is 50 shades of gray, the hungerer game and then the 50 shades follow up, 50 shades darker. >>> the mayor of new jersey is going to be living on food stamps. he has accepted a challenge to live on food stamps for one week. the idea began on twitter after a person said they are
, hospitality and tourism really drives the economy in a lot of cities. you think about how are new york and atlantic city, how are they going to sort of recover post- hurricane sandy? that's really about tourism dollars there. so that makes a huge difference all across the economy, is sort of fueling those tourism dollars. the other piece of it is, we are just better workers and we get better work done when we are well-rested and take vacations. study after study shows while we may worry that taking vacation time makes us look bad at work, we are actually more creative and more productive when we take vacation. and it's better for our employers, too. so, people who take their vacation time are more likely to stay at their jobs because they are just happier there. > > what are some other reasons why we skip vacations? i have a feeling some of that has to do with we don't want to let our co-workers down. if you are gone, that means somebody has to cover for you. > > there is a lot of guilt associated with vacation, that is for sure. and that's one of the reasons why americans, even when w
in the southern city of kochin represents the booming economy. and with growth projections here as high as 7% for the year, the expanding indian market for goal could push prices past $2500 an ounce. "buy it, keep it, buy 24-carat gold, put it in a locker, and when you need money, turn around and sell it and make good money on it." > > and come to umreth to do it. "yes, come to my shop!" reporting from india, paul eggers, first business news. the indian government tightly regulates the gold market by testing jewelery for quality. chokesee believes this is a positive, because it helps protect customers from low- quality pieces. an overwhelming number of parents in the u.s. believe their children are growing up without learning valuable life skills such as how to manage their money. as many as 7 out of 10 parents expect these lessons to be taught in public school. nathaniel and stacey didomenico's young daughter, arianna, is more ahead of the game than she realizes. "we've already started with our daughter. there are things she wants at the store and we explain that it costs money, we have to
Search Results 0 to 4 of about 5